Piedmont Realty Trust Inc

Common Name
Piedmont Realty Trust
Country
United States
Sector
Real Estate
Industry
REIT - Office
Employees
150
Ticker
PDM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Piedmont Office Realty Trust Inc. is a real estate investment trust (REIT) that focuses on the acquisition, development, and management of high-caliber office properties. This company primarily invest...

Piedmont Realty Trust's GHG Emissions Data Preview

In 2023, Piedmont Realty Trust completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Piedmont Realty Trust has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Piedmont Realty Trust’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Piedmont Realty Trust’s data sources below and access millions more through our Disclosure Search.

a. Piedmont Realty Trust's ESG Report 2023
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b. Piedmont Realty Trust's ESG Report 2020
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Insights into Piedmont Realty Trust's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Piedmont Realty Trust amounted to 81,937 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Piedmont Realty Trust decreased by 6.43%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Piedmont Realty Trust's Scope 1 Emissions Over Time

2018201920202022202304509001.35 k1.8 ktCO2e+8%-38%-7%-18%
  • Total Scope 1
  • Year-over-Year Change

What are Piedmont Realty Trust's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Piedmont Realty Trust were 778 metric tons of CO₂ equivalent (tCO₂e). a

Has Piedmont Realty Trust reduced its Scope 1 emissions over time?

Since 2018, Piedmont Realty Trust's Scope 1 emissions have decreased by 48.82%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Piedmont Realty Trust's Scope 1 emissions decreased by 17.85%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Piedmont Realty Trust's Scope 2 emissions?

In 2023, Piedmont Realty Trust reported Scope 2 greenhouse gas (GHG) emissions of 77,067 tCO₂e using the market-based method and 81,159 tCO₂e using the location-based method. a

Has Piedmont Realty Trust reduced its Scope 2 emissions over time?

Since 2018, Piedmont Realty Trust's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 38.55%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Piedmont Realty Trust's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Piedmont Realty Trust 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Piedmont Realty Trust use for Scope 2 reporting?

In 2023, Piedmont Realty Trust reported its Scope 2 emissions using the market-based method and using the location-based method. a

Piedmont Realty Trust's Scope 2 Emissions Over Time

20182019202020222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Piedmont Realty Trust's Value Chain Emissions

In 2023, Piedmont Realty Trust reported 9,620 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Piedmont Realty Trust includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Piedmont Realty Trust's Scope 3 Emissions Over Time

2022202303.5 k7 k10.5 k14 ktCO2e-23%
  • Total Scope 3
  • Year-over-Year Change

What are Piedmont Realty Trust's Scope 3 emissions?

In 2023, Piedmont Realty Trust reported total Scope 3 emissions of 9,620 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Piedmont Realty Trust's Scope 3 emissions decreased by 22.77%, highlighting the company's efforts to lower indirect emissions from its value chain. a

Insights into Piedmont Realty Trust's Total Carbon Footprint

In 2023, Piedmont Realty Trust reported a total carbon footprint of 91,557 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.46% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Piedmont Realty Trust's total carbon footprint was Scope 2 emissions, accounting for 88.64% of the company's total carbon footprint, followed by Scope 3 emissions at 10.51%. a

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